Holding(s) in Company

Petards Group PLC
29 April 2005



                        Petards Group plc (the 'Company')



The Company has today been notified pursuant to section 198 of the Companies Act
1985 that following the sale of 2,500,000 Ordinary shares on 26th April 2005
Allianz AG no longer has a notifiable interest in the issued share capital of
the company.



Enquiries

Andrew Wonnacott 01932 753970


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